Robert E. Brennan
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In 2001 Brennan was found guilty on bankruptcy and fraud charges and was sentenced to a prison term of nine years and two months. On appeal, in 2003 the sentence was upheld. As of 2007, Brennan is an inmate at the US Bureau of Prison's Fort Dix Federal Correctional Institution in Fort Dix, New Jersey. His projected release date is 26 December 2011. [1]
A major benefactor to Seton Hall University, following his conviction the university's Board of Governors had Brennan's name removed from a recreation center on its campus in South Orange, New Jersey. Brennan is an alumnus of Seton Hall University and sat on its Board of Regents. [2]
International Thoroughbred Breeders, Inc., a publicly-held company founded and chaired by Brennan, financed the reconstruction of Garden State Park race track in Cherry Hill, NJ after it was taken out by a 1977 fire. The grandstand reopened in 1985, closed in 2001, was demolished, and the property now consists of more suburban sprawl.
Brennan was also a Certified Public Accountant but his license was revoked as a result of his criminal conviction.
Brennan also built and owned the prestigious Due Process Stable Golf Club in Colts Neck Township, New Jersey, where he lived until his arrest in 2001.[3]
[edit] See also
[edit] References
- ^ US Bureau of Prisons, Robert Brennan incarceration details
- ^ Business Week article 'Seton Hall of Shame'
- ^ "Metro Business Briefing; EX-FINANCIER INDICTED AGAIN", The New York Times, November 2, 2000. Accessed November 27, 2007.
